Berenberg Bank initiated coverage on shares of WM Morrison Supermarkets PLC (NASDAQ:MRWSY) in a research report report published on Tuesday. The brokerage issued a sell rating on the stock.

Several other equities analysts also recently weighed in on the company. Zacks Investment Research upgraded WM Morrison Supermarkets PLC from a sell rating to a hold rating in a research report on Wednesday, July 5th. HSBC Holdings plc raised WM Morrison Supermarkets PLC from a reduce rating to a hold rating in a research note on Wednesday, August 2nd.

WM Morrison Supermarkets PLC (NASDAQ:MRWSY) traded down 1.947% on Tuesday, hitting $15.414. 2,289 shares of the company were exchanged. The stock has a market capitalization of $7.18 billion and a P/E ratio of 15.491. WM Morrison Supermarkets PLC has a 52-week low of $13.09 and a 52-week high of $16.59. The stock’s 50-day moving average price is $15.98 and its 200-day moving average price is $15.63.

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About WM Morrison Supermarkets PLC

Wm Morrison Supermarkets PLC is engaged in the operation of retail supermarket stores under the Morrisons brand and associated activities. The Company offers products, such as Free From, World Foods, Food To Go and Nutmeg clothing. It has food manufacturing capabilities in meat, fish, bakery, fruit and veg, deli and flowers.

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